FAR Chemical & Textile Ind. PLC announcements
215 Dhaka Stock Exchange announcements for FAR Chemical & Textile Ind. PLC (FARCHEM) since 2014: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2014 (15).
- Sponsors Buy/Sell/Transfer
Abid Mustafizur Rahman, Lee Jung Kook and Kim Jong Suk, all are Sponsors/Directors of the Company, have further reported that they have completed their sale of 10,05,000 shares, 4,02,000 shares and 44,01,000 shares respectively at prevailing market price through Stock Exchange as announced earlier.
- Sponsors/Directors Intention to SALE
Kim Jong Suk, one of the Sponsor/Directors of the Company, has expressed his intention to sell 44,01,000 shares out of his total holding of 2,64,06,000 shares of the Company at prevailing market price (In the Block Market) through Stock Exchange within next 30 working days.
- Category change
The Company will be placed in "A" category from existing "N" category with effect from November 10, 2014 as the Company reported disbursement of 20% stock dividend for the year ended on June 30, 2014.
- Q1 earnings
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported net profit after tax of Tk. 39.90 million with basic EPS of Tk. 0.44 as against Tk. 70.15 million and Tk. 0.89 respectively for the same period of the previous year. However, considering bonus share @ 20% for the year 2014, restated basic EPS is Tk. 0.37 as on 30.09.2014 and Tk. 0.72 as on 30.09.2013.
- Sponsors share sell
Rezaur Rahman Rajon and Lee Jung Kook, both are Sponsor/Directors of the Company, have expressed their intention to sell 10,45,000 shares and 4,02,000 shares out of their total holding of 62,70,000 shares and 24,12,000 shares respectively at prevailing market price through Stock Exchange within next 30 working days. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- Sponsors share sell
Abid Mustafizur Rahman, one of the Sponsors/Directors of the Company, has expressed his intention to sell 10,05,000 shares out of his total holding of 60,30,000 shares of the Company at prevailing market price through Stock Exchange within next 30 working days. <div id="__if72ru4sdfsdfruh7fewui_once" style="display:none;"></div> <div id="__hggasdgjhsagd_once" style="display:none;"></div>
- trade resume
Normal trading of the shares of the Company will resume on 14.09.2014 after record date.
- trade suspended on record date
Trading of the shares of the Company will remain suspended on record date i.e., 11.09.2014.
- Spot Market and Block/Odd lot transactions
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 09.09.2014 to 10.09.2014. Trading of the shares of the Company will remain suspended on record date i.e., 11.09.2014.
- recommended 20% stock dividend
The Board of Directors has recommended 20% stock dividend for the year ended on June 30, 2014. Date of AGM: 09.10.2014, Time: 11:30 AM, Venue: Bir Chandra Nagar Gono Pathagar and Nagar Milaynayatan (Town Hall) Kandirpar, Comilla. Record date: 11.09.2014. The Company has also reported EPS of Tk. 3.45, NAV per share of Tk. 17.91 and NOCFPS of Tk. 2.08 for the year ended on June 30, 2014.
- no price limit
There will be no price limit on the trading of the shares of the Company today (02.09.2014) following its corporate declaration.
- Board Meeting
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on September 01, 2014 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2014.
- to face BSEC enquiry committee
BSEC NEWS: Bangladesh Securities and Exchange Commission (BSEC) has formed an enquiry committee to investigate into unusual price increase in shares of Far Chemical Industries Limited in the stock exchanges.
- trade debut
Trading of the shares of Far Chemical Industries Limited will commence today (July 08, 2014) at DSE under 'N' category. DSE Trading Code for Far Chemical Industries Limited is "FARCHEM" and DSE Company Code is 18490.
- Q3 Earnings
The Company has reported its profit after tax Tk. 60.63 million and basic EPS Tk. 0.77 for the 3 (three) months ended on 31 March 2014 (Jan 2014-March 2014) as against profit after tax of Tk. 71.96 million and basic EPS of Tk. 0.91 for the same period of the previous year. It is to be noted that basic EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 79,031,565 shares for both years. However, considering Post-IPO 91,031,565 number of shares the Company's basic EPS for the 3 (three) months ended on 31 March 2014 would be Tk. 0.67. For the period of 9 (nine) months (July 2013 to March 2014) ended on 31 March 2014 profit after tax was Tk. 267.30 million and basic EPS was Tk. 3.38 as against profit after tax of Tk. 231.81 million and basic EPS of Tk. 2.93 for the same period of the previous year. It is to be noted that the said EPS has been calculated based on weighted average Pre-IPO paid-up number of shares i.e. 79,031,565 shares for both years. However, considering Post-IPO 91,031,565 number of shares, Company's basic EPS would be Tk. 2.94 for 9 (nine) months ended on 31 March 2014 (July 2013 to March 2014) and NAV per share would be Tk. 17.75 as on 31 March 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.